• Thu
  • Jul 10, 2014
  • Updated: 1:54pm

Luxury Vehicle

China bans military licence plates on luxury cars

Under a new registration system, all military vehicles must be given new car plates by Wednesday, and blacklisted sedans include those made by Mercedes-Benz, BMW, Lincoln, Cadillac, Bentley, Jaguar and Porsche, as well as the Volkswagen Phaeton, according to a ministry website.

Monday, 29 April, 2013, 8:10am 6 comments

Mainland car sales drop in quarter

Car sales dropped 1.25 per cent to 3.77 million units on the mainland in the first quarter although the fall narrowed from the first two months, according to data released by the China Association of Automobile Manufacturers yesterday.

Sales rose 4.54 per cent to 1.4 million units last month, as dealers offered more discounts to boost sales.

12 Apr 2012 - 12:00am

Zheng Tong aims for 44 new stores

Hong Kong-listed luxury car dealer Zheng Tong plans to open 44 new stores in the next two years despite an expected slowdown in the mainland market, where authorities are seeking to restrain car ownership to ease traffic jams. Executive director Wang Kunpeng said the policies should affect the middle and lower-end markets more than the luxury sector. The company now has 24 retail shops.

15 Mar 2011 - 12:00am

Beijing proposes eightfold rise in vehicle tax for gas guzzlers

The mainland has launched draft legislation proposing to increase vehicle taxes up to eightfold on big-engine passenger cars in a move to curb soaring demand for gas-guzzling luxury cars and SUVs.

30 Oct 2010 - 12:00am

Police seize six luxury cars, arrest two

Police seized a Hummer, a red Ferrari racing car, a BMW sedan and three four-wheel-drives at a Pat Heung container park yesterday and arrested two men. Police said the six new unregistered left-hand-drive luxury cars may have been stolen and smuggled from abroad and were probably destined for the mainland.

14 Jul 2007 - 12:00am

Turning to green cars to help clear Hong Kong skies

car dealershipsThe limited vehicle market is waking up to environmentally friendly cars

Incremental progress in the battle on pollution may bring clearer skies to Hong Kong, and the process may be shortened due to the increasing popularity of environmentally friendly cars.

19 May 2007 - 12:00am

In Brief

Sales surge but demand for luxury cars slips

Total retail sales in July surged by 7 per cent year on year, led by strong sales of electrical goods and photographic equipment, which increased 10.3 per cent, followed by furniture, fixtures and other consumer goods. However, sales of luxury motor vehicles and parts for the month dropped 8.6 per cent.

7 Sep 2005 - 12:00am

Stolen cars back

Four luxury cars worth $3 million that were stolen from the SAR have been recovered by Public Security Bureau officers in Fujian and are being returned to their owners, police said.

15 Oct 1999 - 12:00am

Conman drives off with luxury cars

Luxury car owners selling their pride and joy have been warned to look out for a smooth-talking conman who has driven off with two top-class saloons worth $430,000.

Police advise people selling cars privately to take a copy of potential buyers' identity cards or numbers before taking them out for a test drive.

11 Oct 1996 - 12:00am

Icons of out Time

NAME: The Used Car.

OR: The super-expensive luxury sports car with only 3,000 kilometres on the clock that nevertheless finds itself on the market because its owner wants something new.

6 Aug 1995 - 12:00am

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